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Bitfinex is looking for a $150 million share repurchase


Bitfinex’s proprietor is contemplating a $150 million share repurchase as a means of enhancing its operational control over the private company. The reason is more pressing as the emphasis on regulatory aspects continues to grow. Hong Kong-based iFinex has the same board of directors...

Bitfinex Owner Seeks Regulatory Leverage with $150 Million Buyback


In response to the recent regulatory challenges faced by Bitfinex, iFinex Inc., the Hong Kong-based parent company, is set to repurchase shares worth $150 million from its shareholders, constituting approximately 9% of the company's total outstanding capital. This move, reported by Bloomberg...

Chainalysis Lays Off Another 150 Employees Amid Ongoing Market Downturn


In response to the ongoing market downturn and reduced commercial demand, blockchain analytics firm Chainalysis is laying off another 150 employees, representing over 15% of its workforce.  CEO Michael Gronager informed employees of the decision in an email on Monday evening, according to a recent...

Vaneck Pledges 10% of Ethereum ETF Profits to Fuel ETH Core Development


On September 29, 2023, the asset management firm Vaneck unveiled an initiative to earmark 10% of its profits from its ethereum (ETH) exchange-traded fund (ETF) towards protocol development for at least ten years. This financial infusion will be given to the Protocol Guild, a consortium of over...

Newly launched Telegram Casino token $TGC raises $150,000 in 24 hours


Crypto whales are flocking to the newly launched TG.Casino ($TGC) presale, pushing the fundraising beyond $150,000 in a matter of minutes. The project is a Telegram-powered casino that’s causing a stir as it provides a groundbreaking revenue-sharing model that integrates a deflationary...

Kotaku’s Weekend Guide: 5 Games To Kick Back With


Oh, hey there. It’s weekend time once more and that means we’re taking a look at what’s been keeping us busy on our gaming machines. It’s been a pretty busy time of year for game releases, so there’s the usual new stuff in the pages ahead but also one stone-cold classic and even one game that’s...

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